APPLICATION LAUNCH DATE
This program ended on Friday, May 13, 2022 @11:59pm. New applications will not be accepted at this time.
(or until 70 applications have been submitted)
American Rescue Plan Act of 2021 (ARPA) Owner-Occupied Housing Rehabilitation Program
ALLOCATION AMOUNT:
$8,000,000
MAXIMUM AWARD:
$100,000 (Including Contingency)
OWNER OCCUPIED HOUSING REHABILIATION SUMMARY: Funding will assist income eligible homeowners, residing in the
unincorporated area of Palm Beach County (EX: The first two digits of your property's Parcel Control Number {PCN} begins with 00), with substantial rehabilitation to correct code violations or items that will become a code violation.
NOTE: Applicant must provide a statement on how their household was financially impact by COVID19.
PROPERTY'S ASSESSED VALUE CANNOT EXCEED
$352,371
HOUSEHOLD SIZE AND INCOME CATEGORIES TO BE SERVED:
Number of Persons in Household |
Moderate Income
(140%)
|
1 |
$84,000 |
2 |
$95,900 |
3 |
$107,940 |
4 |
$119,840 |
5 |
$129,500 |
6 |
$139,020 |
7 |
$148,680 |
8 |
$158,200 |
APPLICANT SELECTION CRITERIA: Applications will be available online by visiting the website at
pbcgov.com/HED beginning
Monday, April 11, 2022 at 8:00am. Applications will be accepted on a first submitted, first qualified, first served basis, subject to funding availability until
Friday, May 13, 2022 at 11:59pm, or until 70 applications have been submitted.
REQUIRED DOCUMENTS: LOOK -
CLICK HERE
for the list of required documents needed prior to application submittal. Required documents must be completed and provided for
ALL adult household members
NOTE: ALL applicants are required to attend a Virtual Mandatory Orientation prior to application submittal. Interested parties may register at
https://survey.pbcgov.com/s3/HED-Owner-Occupied-Housing-Rehabilitation
beginning Thursday, March 24, 2022.
NOTE: Applications will not be reviewed if proof of orientation attendance is not provided. Orientation dates are posted
HERE.
ADDITIONAL INFORMATION:
- Mortgage payments, taxes and homeowners insurance must be current/paid up to date.
In the event that the homeowner does not have homeowner's insurance, this program may utilize funding from the awarded amount to pay one (1) year insurance premium.
- Applicant may not currently own or have liquid assets exceeding $200,000, and/or a combination of liquid and non-liquid assets exceeding $352,371 - (excluding their primary residence).
- Funds will be awarded as a 0% interest deferred payment loan secured by a recorded mortgage and note for 15 years. The loan is forgiven at the end of the 15-year term, if no default has occurred.
- Applicants are “ineligible" to apply for assistance if there is currently a Palm Beach County rehabilitation and/or repair mortgage lien on the property, and/or code violation liens on the property.
Click Here for Owner-Occupied Housing Rehabilitation
Telephone: (561) 233-3606; (561)233-3693; or (561)233-3600.
Email:
HEDverify@pbcgov.org